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Laurentian Bank of Canada (LB.TO)

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  • Laurentian Bank of Canada Announces CFO Succession Process
    GlobeNewswire

    Laurentian Bank of Canada Announces CFO Succession Process

    Yvan Deschamps to assume Chief Financial Officer role as François Laurin announces planned retirement from Laurentian BankMONTREAL, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Laurentian Bank is pleased to announce that Yvan Deschamps has been appointed to the position of Executive Vice President and Chief Financial Officer of the organization, effective April 6, 2021. Mr. Deschamps succeeds François Laurin, who informed the Bank of his desire to retire at the next Annual General Meeting. Mr. Laurin will continue to work closely with Mr. Deschamps to ensure his smooth transition into the role.“I would like to thank François Laurin for his leadership and committed service to Laurentian Bank. Earlier in 2020, François indicated to the Board of Directors and the executive team his desire to retire and agreed to extend his tenure until this year to ensure a smooth succession process and to support my onboarding as new CEO. His leadership has ensured the Bank’s strong capital and liquidity positions and his mentorship has provided our organization with an excellent internal candidate for our new CFO,” said Rania Llewellyn, President & CEO.“It has been a privilege to help lead Laurentian Bank over the last five years and I am confident that Yvan will be highly successful in his new role,” said Mr. Laurin. “I would also like to thank my colleagues and all the Bank’s customers and partners for making this such a rewarding experience.”Yvan Deschamps has more than 25 years of leadership experience in finance and corporate development. He joined the Bank as Vice President, Corporate Development in 2016 and has served as Senior Vice President, Finance, Accounting & Corporate Development since 2017. Before joining Laurentian, Mr. Deschamps served in progressively senior roles at Real Ventures, CAE Inc., Caisse de dépôt et placement du Québec, and Bell Canada. He holds the CPA, CGA designation and is a graduate of the University of Sherbrooke, where he obtained a B.B.A. and an M.Sc. in Finance.“Yvan has demonstrated great enthusiasm and depth of financial expertise, which will serve him well in this new role. I look forward to welcoming him to the Executive Committee as we work to reset our priorities, refocus our efforts and renew the passion and pride of our employees. Together we will build One Bank to provide long-term sustainable value to our customers, our communities and our shareholders," said Ms. Llewellyn.About Laurentian Bank Financial GroupFounded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the “Group” or the “Bank”).With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.The Group has $44.2 billion in balance sheet assets and $27.8 billion in assets under administration.Information:Fabrice Tremblay fabrice.tremblay@lbcfg.ca Office: 514 284-4500, ext. 40020 Cell: 438 989-6070

  • Rania Llewellyn, President and CEO of Laurentian Bank Financial Group to speak at the RBC Capital Markets Canadian Bank CEO Conference
    GlobeNewswire

    Rania Llewellyn, President and CEO of Laurentian Bank Financial Group to speak at the RBC Capital Markets Canadian Bank CEO Conference

    MONTREAL, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Rania Llewellyn, President and Chief Executive Officer of Laurentian Bank Financial Group, will speak at the RBC Capital Markets Canadian Bank CEO Conference on January 11, 2021 at 2:30 p.m. (ET). This event will be broadcast live via webcast at https://lbcfg.ca, in the Investor Centre section, under Presentations and Events. An archived version of the webcast will be available at the same location.About Laurentian Bank Financial GroupFounded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the “Group” or the “Bank”).With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.The Group has $44.2 billion in balance sheet assets and $27.8 billion in assets under administration.Information :Fabrice Tremblay Office: 514 284-4500, extension 40020 Mobile: 438 989-6070 fabrice.tremblay@lbcfg.ca

  • Don't Race Out To Buy Laurentian Bank of Canada (TSE:LB) Just Because It's Going Ex-Dividend
    Simply Wall St.

    Don't Race Out To Buy Laurentian Bank of Canada (TSE:LB) Just Because It's Going Ex-Dividend

    Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Laurentian...